[Code of Federal Regulations]

[Title 24, Volume 1]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR92.212]



[Page 612]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 92_HOME INVESTMENT PARTNERSHIPS PROGRAM--Table of Contents

 

                     Subpart E_Program Requirements

 

Sec.  92.212  Pre-award costs.



    (a) General. Before the effective date of the HOME Investment 

Partnership Agreement, the participating jurisdiction may incur costs 

which may be charged to the HOME allocation after the award of the HOME 

allocation, provided the costs are in compliance with the requirements 

of this part (including environmental review requirements) and with the 

statutory and regulatory requirements in effect at the time the costs 

are charged to the HOME allocation.

    (b) Administrative and planning costs. Eligible administrative and 

planning costs may be incurred as of the beginning of the participating 

jurisdiction's consolidated program year (see 24 CFR 91.10) or the date 

the consolidated plan describing the HOME allocation to which the costs 

will be charged is received by HUD, whichever is later.

    (c) Project costs. Eligible project costs may be incurred during the 

current program year in an amount not to exceed 25% of the current HOME 

allocation amount, to be charged to the following year's HOME 

allocation. Before incurring the pre-award costs, the participating 

jurisdiction must comply with its citizen participation plan 

requirements addressing 24 CFR 91.105(b)(2), (4), (5) and (g) (local 

governments) or 24 CFR 91.115(b)(2), (4), (5) and (f) (States). In lieu 

of a full action plan, the participating jurisdiction may develop a 

mini-action plan which describes the proposed pre-award projects and 

costs in accordance with 24 CFR 91.220(c) and includes, if applicable, 

24 CFR 91.220(g)(2) (local governments) or 24 CFR 91.320(c) and, if 

applicable, 24 CFR 91.320(g)(2) (States). The mini-action plan must 

state that HOME funding for the project(s) is subject to the future 

availability of HOME funds. The subsequent action plan (i.e., action 

plan for the HOME allocation to which the costs will be charged) must 

also include the use of HOME funds contained in the mini-action plan.

    (d) Subrecipient or State recipient costs. The participating 

jurisdiction may authorize its subrecipient or State recipient to incur 

pre-award costs in accordance with the requirements of this section. The 

authorization must be in writing.

    (e) Other pre-agreement costs. Pre-agreement costs in excess of the 

amount set forth in paragraph (c) of this section must be approved, in 

writing, by the HUD Field Office before the costs are incurred.